CARTON BOX MANUFACTURING
| Business Type: |
Carton Boxes & Packaging
|
| Location: |
Confidential, Confidential, CYPRUS
|
| Type of Tenure: |
Leasehold |
| Business Reference: |
CYS105F |
| Asking Price: |
€ 4.800.000 |
| Annual Turnover |
€6.700.000 (2010) |
| Gross Profit Margin |
27% |
| Stocks (at cost) |
€500.000 |
| Reason for Sale |
Retirement |
| Accounts Available |
Yes (JUN 2011) |
| Years Established |
50 |
| Incorporated Business |
Yes |
| Relocatable Business |
Yes |
| Vendor Financing |
Negotiable |
| EBITDA Margin |
20% |
Description
- Manufacturers and Printers of corrugated carton boxes. All packaging custom-designed,pre-printed and manufactured to clients requirements
- Extensive range of packaging types, for all types of products and shipment needs, e.g. dry foods, fruit and vegetables, consumer goods, domestic appliances, wine and other bottled drinks
- Complies with all EU specifications for food grade or non-food packaging
- Profitable business catering to local market; cost of transportation compared to value of goods (packaging boxes) prohibitive for imports
- Top of the line Machinery and Equipment, impeccably maintained, with value at cost EURO 2 Mil
- Situated in extensive grounds (about 33.000 sqm) under 99-year Government leasehold
- Independently appraised Market Value of Land and Buildings EURO 12,5 Million.
- Total Tangible Assets including Land, Buildings, Machinery and Equipment EURO 15 Million
- Owners willing to consider several scenaria for a sale, namely:
1. Sale of the company, including the long-term land leasehold and the industrial building premises
2. Sale of the company only and sub-lease land and buildings (no relocation)
3. Sale of the company only, excluding leasehold land & buildings, and relocation to other industrial area
4. Sale and relocation of the manufacturing facility abroad and transfer of knowhow to buyer
Indicative Asking Price on an Asset + Goodwill Basis, excluding land & buildings (scenario 2 above) is €4.800.000, as follows:
• Machinery €1.000.000 (Value at Cost €2.000.000 all in perfect working order)
• Stocks, about €500.000 (estimated and subject to stock-taking)
• Debtors, about €1.300.000 (estimated collectible/problem free debtors, subject to due diligence)
• Goodwill, about €2.000.000 (about 30% of 2010 Sales; note that 2011 Sales will also be around €6,7M) |
- The present business is offered for sale by DealMasters. Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner.
- You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters.
- Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
- We do not perform any due diligence on businesses for sale, business owners, or the information provided by them. Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
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